HomeMy WebLinkAboutRDA AGENDA 01-03-94I .
REGULAR MEETING
CALL TO ORDER
AGENDA
,-IE TUSTIN COMMUNITY RED.
JANUARY 3, 1994
~OPMENT AGENCY
2. ROLL CALL
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APPROVAL OF MINUTES- DECEMBER 6, 1993 REGULAR MEETING
Recommendation: Approve the Redevelopment Agency Minutes of December 6,
1993.
4. APPROVAL OF DEMANDS
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Recommendation: Approve Demands in the amount of $294,564.02.
REFUNDING 1987 TOWN CENTER REDEVELOPMENT BONDS
A recently completed analysis by Bartle Wells and Associates indicates that the trend
in ~ieclining interest rates has continued to the point that the Agency can realize
additional savings if the outstanding bonds were refunded.
Recommendation- Authorize staff to proceed with the advance refunding of the
1987 Town Center Redevelopment Bonds and direct staff to solicit proposals for
Financial Advisor services as recommended by the Finance Department.
AGREEMENT WITH CATELLUS DEVELOPMENT CORPORATION FOR PREPARATION '
AND PROCESSING OF A PROJECT STUDY REPORT FOR THE NEWPORT AVENUE/
SR-55 INTERCHANGE RECONFIGURATION PROJECT
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Essential to implementation of any future phase of the Pacific C.e. nter East Specific
Plan is the preparation and processing of a Project Study Report for approval by
Caltrans of the Newport Avenue/SR-55 Interchange Northbound Ramp
Reconfiguration.
Recommendation: Authorize the Executive Director and City Clerk to execute an
agreement with Catellus Development Corporation for preparation and processing of
a Project Study Report to Caltrans for the Newport Avenue/SR-55 Interchange
Northbound Ramp Reconfiguration Project as recommended by the Public Works
Department/Engineering Division.
OTHER BUSINESS
8. ADJOURNMENT
The next regular meeting of the Redevelopment Agency is scheduled for Monday,
January 17, 1994, 7:00 p.m., at the Council Chambers, 300 Centennial Way.
Redevelopment Agency Agenda I January 3, 1994